CAPAX: Federated Hermes Capital Income Fund - MutualFunds.com

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CAPAX - Snapshot

Vitals

  • YTD Return 2.1%
  • 3 Yr Annualized Return 3.0%
  • 5 Yr Annualized Return 4.3%
  • Net Assets $948 M
  • Holdings in Top 10 60.1%

52 WEEK LOW AND HIGH

$8.28
$6.28
$8.31

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.07%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 59.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,500
  • IRA $250

Fund Classification


Compare CAPAX to Popular U.S. Conservative/Balanced Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$2.22

-0.45%

$62.50 B

5.38%

$0.12

-5.53%

0.62%

$28.50

0.00%

$59.47 B

2.77%

$0.79

4.32%

0.23%

$10.94

-0.09%

$16.16 B

4.43%

$0.48

-0.36%

0.68%

$15.61

0.00%

$13.52 B

2.44%

$0.38

3.31%

0.66%

$10.87

0.00%

$12.08 B

3.73%

$0.40

0.00%

0.80%

CAPAX - Profile

Distributions

  • YTD Total Return 2.1%
  • 3 Yr Annualized Total Return 1.1%
  • 5 Yr Annualized Total Return 3.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.66%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Federated Hermes Capital Income Fund
  • Fund Family Name
    Federated
  • Inception Date
    May 27, 1988
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Todd Abraham

CAPAX - Performance

Return Ranking - Trailing

Period CAPAX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.1% -13.4% 31.4% 66.16%
1 Yr 2.9% -14.6% 33.9% 55.90%
3 Yr 3.0%* -2.5% 17.8% 75.24%
5 Yr 4.3%* -3.4% 15.6% 76.53%
10 Yr 5.0%* 2.5% 8.6% 70.37%

* Annualized

Return Ranking - Calendar

Period CAPAX Return Category Return Low Category Return High Rank in Category (%)
2019 11.4% -9.5% 22.1% 34.89%
2018 -10.8% -21.7% -2.6% 68.61%
2017 5.7% -7.3% 13.7% 49.79%
2016 3.4% -9.0% 12.8% 48.10%
2015 -10.9% -28.9% 0.3% 92.42%

Total Return Ranking - Trailing

Period CAPAX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.1% -13.4% 31.4% 66.16%
1 Yr -2.7% -14.6% 33.9% 82.47%
3 Yr 1.1%* -3.6% 17.8% 87.90%
5 Yr 3.1%* -3.4% 15.6% 90.53%
10 Yr 4.4%* 2.5% 8.6% 83.19%

* Annualized

Total Return Ranking - Calendar

Period CAPAX Return Category Return Low Category Return High Rank in Category (%)
2019 12.1% -9.5% 22.1% 27.68%
2018 -7.1% -21.7% -2.0% 61.97%
2017 10.1% -5.9% 16.6% 38.89%
2016 7.9% -5.0% 19.1% 19.24%
2015 -6.2% -15.0% 2.3% 83.59%

NAV & Total Return History


CAPAX - Holdings

Concentration Analysis

CAPAX Category Low Category High CAPAX % Rank
Net Assets 948 M 2.21 M 62.5 B 38.28%
Number of Holdings 293 3 19961 35.99%
Net Assets in Top 10 524 M 1.81 M 11 B 34.00%
Weighting of Top 10 60.06% 8.3% 100.0% 54.77%

Top 10 Holdings

  1. High Yield Bond Portfolio 20.29%
  2. Federated Mortgage Core Portfolio 15.13%
  3. Us 2yr Note (Cbt) Sep20 Xcbt 20200930 14.02%
  4. Us 2yr Note (Cbt) Sep20 Xcbt 20200930 14.02%
  5. Us 2yr Note (Cbt) Sep20 Xcbt 20200930 14.02%
  6. Us 2yr Note (Cbt) Sep20 Xcbt 20200930 14.02%
  7. Us 2yr Note (Cbt) Sep20 Xcbt 20200930 14.02%
  8. Us 2yr Note (Cbt) Sep20 Xcbt 20200930 14.02%
  9. Us 2yr Note (Cbt) Sep20 Xcbt 20200930 14.02%
  10. Us 2yr Note (Cbt) Sep20 Xcbt 20200930 14.02%

Asset Allocation

Weighting Return Low Return High CAPAX % Rank
Bonds
52.27% 0.00% 241.12% 53.53%
Stocks
40.63% 1.21% 98.16% 44.48%
Cash
3.05% -181.44% 43.52% 58.77%
Preferred Stocks
2.97% 0.00% 38.29% 16.27%
Convertible Bonds
1.08% 0.00% 50.61% 32.37%
Other
0.01% -4.81% 37.19% 60.40%

Stock Sector Breakdown

Weighting Return Low Return High CAPAX % Rank
Financial Services
16.42% 4.48% 31.60% 10.13%
Technology
15.13% 0.00% 41.08% 64.74%
Consumer Cyclical
12.29% 0.00% 22.85% 29.11%
Healthcare
12.09% 0.00% 21.21% 73.96%
Industrials
10.68% 0.00% 26.40% 37.79%
Consumer Defense
10.10% 0.00% 21.82% 24.77%
Communication Services
8.86% 0.00% 17.60% 40.51%
Utilities
4.83% 0.00% 37.83% 35.08%
Real Estate
4.31% 0.00% 51.40% 48.82%
Basic Materials
2.88% 0.00% 26.28% 79.75%
Energy
2.42% 0.00% 21.41% 64.74%

Stock Geographic Breakdown

Weighting Return Low Return High CAPAX % Rank
US
39.01% 0.98% 85.51% 15.19%
Non US
1.62% 0.00% 29.30% 89.87%

Bond Sector Breakdown

Weighting Return Low Return High CAPAX % Rank
Corporate
54.52% 0.00% 100.00% 21.52%
Securitized
22.29% 0.00% 48.95% 42.68%
Government
16.57% 0.00% 91.51% 70.16%
Cash & Equivalents
5.29% 0.00% 100.00% 76.49%
Derivative
1.34% 0.00% 27.20% 27.49%
Municipal
0.00% 0.00% 100.00% 76.31%

Bond Geographic Breakdown

Weighting Return Low Return High CAPAX % Rank
US
36.67% 0.00% 85.41% 78.48%
Non US
15.60% -11.82% 173.71% 12.66%

CAPAX - Expenses

Operational Fees

CAPAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.07% 0.02% 6.89% 34.35%
Management Fee 0.60% 0.00% 1.39% 78.53%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.01% 0.70% 37.97%

Sales Fees

CAPAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 1.00% 5.75% 31.58%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

CAPAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CAPAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 59.00% 0.00% 369.00% 63.38%

CAPAX - Distributions

Dividend Yield Analysis

CAPAX Category Low Category High CAPAX % Rank
Dividend Yield 0.00% 0.00% 4.24% 15.56%

Dividend Distribution Analysis

CAPAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Annually

Net Income Ratio Analysis

CAPAX Category Low Category High CAPAX % Rank
Net Income Ratio 3.66% -0.41% 6.30% 12.20%

Capital Gain Distribution Analysis

CAPAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

CAPAX - Fund Manager Analysis

Managers

Todd Abraham


Start Date

Tenure

Tenure Rank

Aug 31, 1996

24.18

24.2%

Todd A. Abraham is a Senior Portfolio Manager and Head of the Government/Mortgage-Backed Fixed Income Group. Mr. Abraham has been a Senior Portfolio Manager from 2007, Portfolio Manager from 1995 to 2006, a Senior Vice President since 2007 and a Vice President of Federated from 1997 to 2006. Mr. Abraham joined Federated in 1993 as an Investment Analyst and served as Assistant Vice President from 1995 to 1997. Mr. Abraham served as a Portfolio Analyst at Ryland Mortgage Co. from 1992 to 1993. Mr. Abraham has received the Chartered Financial Analyst designation and an M.B.A. in Finance from Loyola College.

Mark Durbiano


Start Date

Tenure

Tenure Rank

Aug 31, 1996

24.18

24.2%

Mr. Durbiano joined Federated in 1982 and has been a Senior Portfolio Manager and a Senior Vice President of Federated Investment Management Company since 1996. From 1988 through 1995, Mr. Durbiano was a Portfolio Manager and a Vice President of Federated. Mr. Durbiano has received the Chartered Financial Analyst designation and an M.B.A. in Finance from the University of Pittsburgh.

Linda Bakhshian


Start Date

Tenure

Tenure Rank

Nov 30, 2009

10.93

10.9%

Ms. Bakhshian joined Federated in 2007 and has worked in investment management since 2002. Previously, she served as an equity research analyst with the Principal Financial Group from September 2002 to October 2007. Ms. Bakhshian has earned the Chartered Accountant designation and received her B.B. from the University of New England (Australia).

Ihab Salib


Start Date

Tenure

Tenure Rank

May 13, 2013

7.47

7.5%

Mr. Salib joined Federated in April 1999 as a Senior Fixed Income Trader/Assistant Vice President of the emerging markets affiliated fund's Adviser. In July 2000, he was named a Vice President and in 2007 was named Senior Vice President. From January 1994 through March 1999, Mr. Salib was employed as a Senior Global Fixed Income Analyst with UBS Brinson, Inc. Mr. Salib received his B.A. with a major in Economics from Stony Brook University.

Jerome Conner


Start Date

Tenure

Tenure Rank

Apr 08, 2014

6.57

6.6%

Jerome D. Conner, CFA, is a portfolio manager at Federated Investment Management Company focusing on asset allocation, interest rate strategy and security selection. He has been with Federated Investment Management Company since 2002; has worked in investment management since 1995; has managed investment portfolios since 2010. Education: B.S., U.S. Naval Academy; M.S., Boston University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 27.15 5.86 0.83